Month: August 2017

Lack of transparency in CA exam and exorbitant fee charged by CAs figures in Root Cause Analysis of grievances related to Ministry of Corporate Affairs MCA Grievance Analysis and Systematic Reforms Report Government has today released DARPGs Grievance Study Analysis of 20 Ministries. The study was carried by …

MEF 2017-18 Multipurpose Empanelment Form Last date of online filing extended from 25th August, 2017 to 31st August, 2017 and the last date of submission of duly signed hard copy of declaration has been extended from 30th August, 2017 to 7th September, 2017 Dear Professional Colleagues, Greetings from PDC …

Penalty notice issued after completion of assessment proceedings illegal. Where no proceedings relevant to assessment year are pending penalty notice was issued is bad in law – ITAT ABCAUS Case Law Citation: ABCAUS 2043 (2017) (08) ITAT The Grievance: The Revenue has filed an appeal against the Order …

15 NBFCs surrender their Certificate of Registration to RBI Reserve Bank of India Date : Aug 24, 2017 15 NBFCs surrender their Certificate of Registration to RBI The following NBFCs have surrendered the Certificate of Registration granted to them by the Reserve Bank of India. The Reserve Bank …

Credit Notes in GST-Adjustment of tax liability. Person issuing credit note to declare details in the return for the month during which it has been issued Credit Notes in GST Introduction A supplier of goods or services or both is mandatorily required to issue a tax invoice. However, …

Debit Notes in GST treated as tax invoice for the purpose of returns and payments of tax liability Debit Notes in GST Introduction A supplier of goods or services or both is mandatorily required to issue a tax invoice. However, during the course of trade or commerce, after …

NITI Aayogs Three Year Action Agenda 2017-18 to 2019-20 has been unveiled by the Finance Minister Sh. Arun Jaitley NITI Aayog’s Three Year Action Agenda 2017-18 to 2019-20 The Action Agenda is an integral part of the 15-year Vision Document of India being drafted by the NITI Aayog. A brief outline of …

ROC Kerala and Lakshadweep show cause notice to 27 LLP for striking off name for not filing any financial statements. PUBLIC NITICE (pursuant to Rule 37(2) of LLP Rules, 2009) GOVERNMENR OF INDIA MINISTRY OF CORPORATE AFFAIRS Registrar of Companies, Kerala and Lakshadweep First Floor, Company Law Bhavan …

EPFO-Standard Operating Procedure for settlement of claims EPFO has issued the Standard Operating Procedure (SOP) for settlement of claims in EPFO. The SOP has been duly approved by the CPFC. This Standard Operating Procedure (SOP) of EPFO, for settlement of claims, has been prepared as per the existing …

RBI-Introduction of Rs 200 notes will facilitate ease of transactions and provide the missing link between Rs. 100 and 500 bank note. Today the RBI has announced the release of new Rs. 200 bank note. As per the RBI, the new bank note of Rs 200/- would facilitate exchange, …